Bloomberg News

U.K. Stocks Fluctuate Near Three-Month High; Barclays, RBS Climb

October 28, 2011

Oct. 28 (Bloomberg) -- U.K. stocks swung between gains and losses after the FTSE 100 Index climbed to the highest level in almost three months yesterday.

The FTSE 100 rose 0.2 percent to 5,726.16 at 8:07 a.m. in London, after briefly erasing losses. The gauge yesterday jumped 2.9 percent to the highest since Aug. 2 after the euro area’s leaders agreed to expand their bailout fund in a bid to contain the debt crisis.

Barclays Plc, Royal Bank of Scotland Group Plc and Lloyds Banking Group Plc all advanced at least 1.6 percent in London trading today. Glencore International Plc paced declining shares, falling 1.1 percent.

To contact the editor responsible for this story: Sarah Jones at sjones35@bloomberg.net


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